Monthly Archives: April 2016

Heavy Equipment Broker/Trader

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For construction companies, it has never been easy to buy good heavy equipment at a lesser price without the involvement of a broker. When they are looking for heavy equipment, the first choice of theirs is to catch hold of a broker who can understand their requirement and accordingly can fetch a machine at an economical price. Simultaneously, when someone wants to sell their used heavy equipment, they find the most convenient and simple way to sell it is through a broker. The broker is the person who is aware of who needs what and he accordingly sets things and can clear the deal. Locating a broker will not be a difficult task you can find them on their websites. If you do not have their websites, you can simply google and search for them there.

We will be discussing why one should approach a broker when they can directly buy heavy equipment from the company.

They can simplify the process:-

Buying heavy equipment which is undoubtedly a very expensive piece of metal may not be a simple process as what many may perceive it to be. Different kinds of customers may have different issues and it may not be possible for the heavy equipment manufacturing companies to go through the issues of the customers in detail. If they find anything fishy, without further investigation they may reject the sale. Thus the buyer as well as the seller both are at equal loss. In such a situation, a broker can step in and look into the matter. There are area specific brokers who can sit down with the potential buyer and explain the formalities and eligibilities of buying a construction equipment. He will also check in advance if there are any possibilities of the sale getting rejected. He will go through the documents and then approach the company. Since he has studied the case, he will be in a better position to take things from there and process the sale.

Can clear the legalities involved:-

While processing the sale of heavy equipment, they come in several legal stuffs which a normal construction business owner fails to understand. At times, he may not even be bothered to read the terms and conditions of the heavy equipment company and may just go through the verbal communication. Later he may find himself in a tight spot leading to more complications. In such a situation, a broker comes handy. Since he understand what legal problems may arrive in future, he informs the buyer about it well in advance and ensures that he does not do anything that can lead to unwanted problems.

Understanding the need of the buyer:-

This is perhaps the most important aspect why a buyer needs a broker. Many of the time, the buyer may not know which heavy equipment he should be buying. He may not completely understand the requirement of his project and may end up in a haphazard purchase. A broker on the other hand can spend some time with him going through the project he has and understanding the kind of heavy equipment he should be buying. He can then advise him the machines he should buy and simplify things for him.

 

 

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Volvo wheel loaders

The heavy equipment that can be used as a supplementary to excavators in terms of lifting the dirt and moving it from one place to another are wheel loaders. They are more or less like an excavator with the only exception that they can’t dig deep inside the earth. But that does not mean that they can’t be used at all for any sort of excavation work. Wheel loaders can also do a bit of excavation but may not be as useful as an excavator which is built for excavating earth. However, they are still proven to be very useful heavy equipment when it comes to lifting dirt or debris. It has a bucket that is attached to the front of the machine and when the machine is moved in the forward direction keeping the bucket on the ground and allows it to drag, it tends to carry all the dirt in it. Wheel loaders are more commonly seen in mining sites as they have to deal with lifting lot of dirt for which they have huge demand for this machine.

Almost every heavy equipment manufacturing company manufactures wheel loaders but there are some who have managed to make their name in the international arena and amongst them one is Volvo. Volvo is a renowned company when it comes to heavy equipment and they specialize in manufacturing wheel loaders. They claim that no one can produce a wheel loader as better as they can and this claim of theirs has also been tested time and again and every time they have proven their worth.

One of the top features of using a Volvo wheel loader is the kind of comfort it gives to the operator. The person working inside the cabin can really work in ease and can make the most of his working hours without having to pay lot of stress of his body. A comfortable environment inside the cabin also gives him lot of confidence as he/she knows that there are very limited chances of him making an error. Though he/she needs to be careful while working but the ease in the cabin more or less really works out for him.

Volvo wheel loaders are also known for being fuel efficient equipment. Today, the major challenge that every owner of a construction company experiences is the rising cost of fuel. It has become a nightmare for many and they all want machines that are high in fuel efficiency keeping intact the quality of production. It is particularly this machine that solves this big of problem of theirs. Moreover, it also has an outstanding capability of lifting heavy materials with ease thus making it the first choice of mining and construction companies over machines of other companies.

The after sales service is also tremendously delightful. Firstly, problems happen quite rarely and in case if there is any issue with the machine, a call to the customer service of Volvo will ensure that it comes to an end. Their engineers/mechanics will be at your place trying to fix the trouble and making it the machine that you always wanted to work with.

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Want to know your machine – Make good use of training manual

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We all want to pursue a stream that promises us with a good career and simultaneously have sufficient income so that we can have a pretty descent standard of living. This is the desire of every person and which is why we all take special care to choose our career path wisely. One such industry that gives its people a promising career is construction. There are huge requirement of skilled men in this part of the industry. Right from engineers to laborers, all need to know their bit with precision and therefore it is a no brainer why many see a good growth prospect in this industry and every opportunity to fulfill their dreams.

This sector usually have high requirement of operators who can work with the heavy equipments with ease. It is to be remembered that heavy equipments are not so simple to handle and there is every possibility of an accident occurring if the operator does something wrong on his part. It is therefore very crucial on the part of the operators to know what they are dealing with and befriend the machine, know it well before they go full-on with it.

Training is an important component:-

Practice makes a person better but something that comes before practice is proper training. Firstly, you should know the different aspect of a machine and then you put your hands on it. Heavy equipments are usually complex piece of metal and it takes time for one to understand it completely. You may have to go through various courses in order to know a machine that has various new gadgets in it. For instance, if your company has bought a machine that was used in the military and whose functions are absolutely alien to you. You probably do not understand much about the levers and buttons installed in that machine. This is when you need some training so that you get to know which switch does what.

It may not be as complex as it may look but it is still a new thing for you to learn. You can go through the training manual of machines that you are not aware of and understand it well before you put it to use.

Online training videos are great help:-

It sounds tedious to go through every page of the manual to understand the different features of the equipment. However, if you get a DVD that contains the training video, it will be of immense help to you. You only have to hear the things that you need to know. You may already know few things that is being shown in the video and you may want to skip that part. All you have to do is hit the fast forward button and move to the subject of your interest. Other than this, most of the training videos are free of charge. So you can just view them on YouTube for free and improve your skills.

Keep some money for contingency – Don’t spend lavishly on buying heavy equipment

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Doing a business, one has to play with infinite risks. Because in every risk there lies opportunities and one needs to see those opportunities before they see the risk. No wonder one should also analyze the risk involved but that does not mean that he should avert from taking risk and forego those chances. Averting risk will also lead to losing of those opportunities that comes by it. Therefore it is said that one who takes more risk has more chances to earn but he should be careful enough to understand his risk appetite and that if he could sustain after taking that risk.

As far as the construction business is concerned, one needs to take special care when it comes to gaining momentum. At times he will be flooded with work but he should be careful to choose them keeping into consideration his ability to complete them on time and also the kind of heavy equipment he has in hand. Construction business will give you enormous opportunities to make money but it does not take much time for the tide to change. You won’t be able to figure out when the industry takes the beating and you start losing work. Well, this is the time when you will need the money that you have earned during the years to sustain your company. You can’t rely on your investors as they will also face the brunt of the market and will be short of money.

It is therefore very crucial that you keep a contingency fund while you are doing well in your business. Always keep on adding some money towards the corpus and make it look like a healthy sum so that the time you need the money you should not find it short of your needs. Another very common mistake that many owners of construction companies make is that they go on a buying spree. They keep on buying heavy equipment without even thinking if they would need it for any of their existing projects. Well, they are not aware of the possible danger that they may encounter. Any dip in the construction market will have a direct impact on their business and they will find it hard to keep it floating. Then they will begin with various cost cutting measures which was probably not required had they managed a contingency corpus.

Buy heavy equipment only when you see a pretty strong reason to back it or else it will turn out to be futile to go for such investments. It makes no sense to buy machines now at a higher price and then proceed with distress selling. So when the pasture is green for you, save as much as you can for days that might not be a comfortable one for the construction industry and buy heavy equipment only when you see a strong need for it. Analyze the situation well before you take a call. Do not fall prey to fancy gadgets and machines as you may not even need them in the first place.

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Make your heavy equipment worth for resale

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Many believe that heavy equipment has a good resale value but it mainly depends upon how you have used your equipment over the years. Ideally, heavy equipment is a long lasting thing and it does not require care round the clock. On the contrary, if proper maintenance and servicing is done at regular intervals then it will certainly last for years without any problem to its owner. Nevertheless, knowing the nature of the machine, many owners tend to use it in extreme rough conditions without even bothering to service it. Now that takes the toll on the machine and from there it starts giving problems. The owner needs to understand that if he wants the equipment to work properly then he also needs to take some effort in getting it serviced on a regular basis.

It may be simple to get a resale value for the heavy equipment but it is also important to keep your machine worthy to get a good resale value. If you want to list your item for sale you have to describe it well in the advertisement and must mention if there are any defects or issues with the machine. You should not skip that part and move to the next. The prospects would like to know more about the item before they make the decision to buy it. In case, if your machine is not up to the mark then you may not write good about it and that will deter prospective buyers to move away to the next listing listed by another seller. Though you are getting the viewership, it is not ultimately helping you to close the sale and it is all happening because you have not taken good care of your machine.

Employ a qualified operator:-

It makes more sense to pay more and hire a qualified operator who has good amount of experience under his belt and who can understand the machine better than anyone else can. Hiring a newbie may not be very beneficial to you in the long run as they may learn to drive the equipment and get the work out of it but will not understand if there is anything wrong in the machine and will only report it to you when it completely gives up. Hiring a newbie may cost you less as compared to an experienced one but down the line you will get to know the difference. Therefore, it is better to be cautious and spend a bit more rather than being sorry.

Give it to a mechanic once in every 2 months:-

Your machine may not need any maintenance work every day or every month but you should make it a point that you get it checked by an expert mechanic at least once in every 2 months. That will only help in increasing the longevity of the machine and when you feel that you want to upgrade it by selling the old one, you can expect a good price for it.

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